Interarea price levels: an experimental methodology

Differences in relative price levels for areas of the United States can be estimated with a modified Country-Product-Dummy (CPD) method often used in international comparisons of the purchasing power of currencies; CPI observations and CE weights are used to estimate experimental price level differentials for 2003 and 2004.

 

Bettina H. Aten

Bureau of Labor Statistics (BLS)

JEL Code(s) C43 Published